Three Honda Models Achieve Top Value Rating
Team Honda is proud to be Baton Rouge’s #1 Honda Dealer. We offer excellent customer service and the lowest prices possible. We encourage you to check out our website at www.TeamHonda.com to search our inventory and review the entire lineup.
Please call us at 225-298-4100, check us out online, or become a fan of Team Honda on Facebook to keep up with our current specials and news.
American Honda Motor Co., Inc., today announced that it has received three Residual Value Awards from ALG. ALG’s 11th annual Residual Value Awards, for the 2010 model year, honored the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year period.
The Accord won the award in the Best Midsize Car category, the Fit was the winner in the Best Compact Car category and the Odyssey prevailed in the Best Minivan category. Since 2001, the Honda brand has earned 20 model awards and six overall brand awards from ALG.
“In a challenging economy, residual value moves up on the list of buyer considerations,” said John Mendel, executive vice president of American Honda Motor Co., Inc. “These ALG awards once again recognize Honda’s commitment to offer high-quality products with long-term value.”
ALG determines the award winners after carefully studying the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing strategies are among the key factors that affect ALG’s residual value forecasts.
ABOUT THIS AUTHOR
